economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Banks Tighten Credit Access as Demand for Limit Increases Rises
Banks Tighten Credit Access as Demand for Limit Increases Rises
December 09, 2024  |  Debt

A dramatic rise in credit card debt over the last several years has pressured paycheck-to-paycheck consumers, with a disproportionate burden on those individuals and households...

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Conference Board Reports Biggest Improvement in Employment Trends Since 2022
Conference Board Reports Biggest Improvement in Employment Trends Since 2022
December 09, 2024  |  Economy

The Conference Board Employment Trends Index (ETI) saw its largest two-month increase in two years in October and November. The Index — a composite index based...

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Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
Buy Now or Pay More Later: Consumer Sentiment Drives Spending on Big-Ticket Items
December 06, 2024  |  Economy

Now’s the time to buy — because everything might get more expensive, sooner rather than later. To that end, the latest edition of the University of...

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Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
December 06, 2024  |  Economy

It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect...

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Jobless Claims Rise Amid Typical Seasonal Volatility
Jobless Claims Rise Amid Typical Seasonal Volatility
December 05, 2024  |  Economy

Jobless claims reportedly rose last week, though media reports suggested that the rise was due to the volatility in data that is typically seen around holidays....

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Fed Beige Book: Slight Economic Growth, Rising Business Optimism
Fed Beige Book: Slight Economic Growth, Rising Business Optimism
December 04, 2024  |  Economy

PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Among their strategies has...

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Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
December 04, 2024  |  Earnings

Shopper discretionary spending trends are impacting Family Dollar parent company Dollar Tree, as paycheck-to-paycheck consumers continue to feel squeezed in an uncertain economy. Dollar Tree, which operates...

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Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
December 04, 2024  |  Banking

Deutsche Bank CEO Christian Sewing said Wednesday that German businesses need less regulation, a more competitive corporate tax structure and greater certainty on energy prices....

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Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
December 03, 2024  |  Economy

Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely...

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